• Title/Summary/Keyword: Trade in services

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An Exploratory Case Study on Consumer-Goods SMEs' Overseas Expansion of Their Own Brands (자사브랜드 부착 소비재 수출 중소기업의 해외진출에 대한 탐색적 사례분석)

  • Won, Jong-Hyeon;Chung, Jae-Eun;Yang, Hee-Soon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.1
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    • pp.199-210
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    • 2015
  • This study analyzes various aspects of the successful overseas expansion of SMEs that export consumer goods with their own brands. Through in-depth interviews with CEOs and marketing practitioners of fifteen SMEs that export consumer goods of their own brands, researchers examined the determinants of the decisions to export own-brand products, forms of expansion into foreign markets, firms' distribution networks, firms' technological and marketing capabilities, export barriers, and export support services offered by the government. The results indicate that these companies obtained competitiveness in the design and quality of their products through steady R&D investment, with a focus on niche markets. This study also shows that they established foreign branches, participated in overseas trade fairs, and tapped into foreign markets with Korean home shopping channels and department stores to build distribution channels and to find new buyers. However, the findings of this study reveal that many of those companies export both OEM/OEM products as well as their own-brand products due to the low level of brand awareness in foreign markets. Thus, efforts to improve their brand awareness in the global market are much needed. In addition, this paper demonstrates that the programs and services provided by state-run organizations need improvement in credibility and expertise. This research suggests recommendations for successful export programs, and provides meaningful insights for consumer-goods SMEs establishing foreign market entry strategies with their own brands.

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A Comparative Review on Civil Money Penalties in Aviation Law (항공 과징금 제도의 비교법적 검토)

  • Lee, Chang-Jae
    • The Korean Journal of Air & Space Law and Policy
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    • v.34 no.1
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    • pp.3-38
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    • 2019
  • In 1984, Congress enacted a new measure of administrative sanctions which is a civil money penalty program for violations of Aviation Act and its implementing regulations. This civil money penalty system has been in operations in lieu of suspending or revoking certificates issued by Korean government, Ministry of Land, Infrastructure, and Transport. According to the rules of Aviation Business Act or Aviation Safety Act, where the Minister of Land, Infrastructure and Transport should order an air carrier to suspend operation because of her violation under certain rules, in which case the suspension of operation is likely to cause serious inconvenience to consumers of air transport services or to harm public interest, the Minister of the department may impose an administrative monetary penalty in lieu of the suspension of operation. In this regard, airline related civil money penalties are somewhat different from those of fair trade, which is the origin of the money penalties system in Korea. Civil money penalties in the field of fair trade are imposed on executive duty violations that undermine the value of the market economy order, and focus on reimbursement of profits due to violations and compensation for unfair spending by consumers. However, in the aviation sector, breach of duty by a business operator does not simply cause the property loss of the public, but it has a direct impact on life or property of the public. In this respect, aviation penalties are more likely to be administrative sanctions or punitive measures than refunds of unfair benefits, compared to penalties in the field of fair trade. In general, civil money penalties have been highly preferred as administrative sanctions because they are subject to investigations by administrative experts and thus, efficiency can be ensured and execution is quicker than judicial procedures. Moreover, in Korea, because punitive civil damages cannot awarded by the courts, the imposition of civil money penalties is recognized as a means of realizing social justice by recognizing the legal feelings of the people. However, civil money penalties are administrative sanctions, and in terms of effectiveness, they are similar to criminal fines, which are a form of punishment. Inadequate legislation and operation of penalties imposition may cause damage to the value of Constitution. Under the above recognition, this paper has been described for the purpose of identifying the present status of the civil money penalties imposition system and operating status in the area of air transport under the laws and regulations in Korea. Especially, this paper was focused on exploring the problem and improvement direction of Korean system through the comparative study with foreign laws and regulations.

Landscape Function and Tourism Industry: A Case Study of Moc Chau Plateau, Vietnam

  • LE, Hoa Thi Thu;TONG, Binh Thanh;VU, Ngoc Thi Minh;HO, Luu Si;PHAM, Thang Viet;TRINH, Hang Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.1195-1204
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    • 2020
  • Tourism is not only a cultural service but also a resource consuming industry. Landscape function framework is a powerful tool to show the relationship between nature and people. This study collects 50 documents around the world to analyze the relationship between the 4 functional groups of the landscape (regulatory functions, production and supply functions, resident functions, information and entertainment functions) and the tourism industry. On that basis, we created an establishment for practical contact analysis of the goods and services of the landscape for tourism development in Moc Chau plateau, Vietnam. Research results show that tourism is an economic sector that benefits from the landscape and has a clear resource orientation. Moc Chau plateau has rich tourism resources and has the conditions to develop various types of tourism, especially cultural tourism based on community and resort tourism. The two cultural functions and the providing functions are the two most important functional groups for the tourism development of Moc Chau district, bringing the two most important tourism icons for Moc Chau, a green steppe, cool milk benevolent and also a district rich in national culture. From these conclusions, the authors give recommendations and notable points about landscapes in the tourism industry, especially in places with topography like Moc Chau.

Analysis on Productivity of Logistics Providers - Focusing on the Warehouses Industry - (글로벌 물류기업의 경영 생산성 분석 -물류창고를 중심으로-)

  • Ohh, Won-Gewn
    • Journal of Korea Port Economic Association
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    • v.28 no.2
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    • pp.113-128
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    • 2012
  • By strengthening the market control and expanding the networks, providers of global logistics are expanding their service scope. Warehouses connects networks to between internal and external warehouses worldwide by using employees. The paper focuses on analyzing the efficiency of the top forty Global Logistics Providers. Therefore, the study classifies the factors which specify the efficiency of a total logistics industry and verified its firmness. Furthermore, the most recent published reports by Logistics Quarterly and Armstrong Association in 2012 was used in order to guarantee credibility of the study. For scope period for analysis, this study utilizes three years of materials, from 2007 to 2010. By applying the DEA Window model and Malmquist, the trend in efficiency and stableness was analyzed. Consequently, the main purpose of the paper is evaluating the efficiency. Also, analyzing its determinants and illustrating a long-term relationship between the annual turnover and the number of Industry Focus/Key Customers was used as output measures. In addition, the number of warehouses worldwide and employees worldwide, of Logistics Providers were used as input measures.

A Study on The Effect Business Performance of Convergence Capabilities on Corporate (기업의 융합역량이 경영성과에 미치는 영향)

  • Choi, Seung-Il;Song, Seong-Bin
    • Journal of Digital Convergence
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    • v.13 no.1
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    • pp.177-184
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    • 2015
  • Modern society is rapidly going digital as blowing hot air about it Convergence castration. Iran fusion product management, technology, and services such as free from black-and-white logic of various activities such as management of alternative recognition by further series of management innovation in the way of trying to fill the other gaps win-win. In addition, the company is to survive through the creation and unceasing. Performance of firms in contemporary globalization, which is still more sensitive. In this study, based on the fusion needs of the enterprise and explores how this convergence competencies affect to business performance. Results showed that the fusion capacity is affecting the financial performance and non-financial performance. That fusion technology education learning capability and convergence capabilities appeared to affect the financial performance and non-financial performance.

Design Conditions for Dolphin Berth by Tanker Fleet Analysis

  • Kang, Seok-Jin;Lee, Joong-Woo;Lee, Dong-Hyun;Kim, Hee-Jae
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.647-653
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    • 2013
  • Energy acquisition due to the increase of oil price is one of the most important issues and policy for most countries. Various tankers have been built in the world and sent to the trade market. It is necessary to build the port infrastructure and facilities to give them proper services such as mooring, packing, storing, and transshipment, etc. However, the domestic guidelines or standards for design and construction for the dolphin berth among these facilities are out of date and do not meet the recent trend of tanker types. Therefore, it requires amendment on the guidelines or standards. In this study, a detailed analysis of the tanker fleet, covering 8,000 ships under operation and order to build, is made to estimate the proper PBL(Parallel Body Length) of each tanker class. After discussion and comparison on the dolphin berth design and construction codes of various countries, those are the leading countries of tanker operation and management, suggestion was made to amend on the design code. The referred codes are of Korea, Japan, UK, USA, and Canada. The analysis of tanker fleet shows the PBL as 0.45L under the normal ballast condition. In order to verify the deduced amendment on the domestic design code for dolphin berth, it was selected one of the domestic dolphin berth, located at the Yeosu oil terminal, which is almost completed to construct. The design criteria and expected tankers to moor in that terminal were analyzed and the appropriateness and countermeasure for deficiency were summarized.

A Study on Smart card-based Security Mechanisms of upgrades Smart Meter SW for secure deployment in Smart Grid (지능형 전력량계 SW의 안전한 배포 및 업그레이드를 위한 스마트카드 기반 보안 메커니즘에 대한 연구)

  • Yang, Inseok;Hong, Seokhie
    • Journal of Internet Computing and Services
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    • v.15 no.2
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    • pp.129-142
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    • 2014
  • Latest in Smart Grid projects are emerging as the biggest issue that smart meter should meet the security goal and the SW upgrade for compliance with future standard. However, unlike regular equipment, Smart meters should be designed in accordance with the regulation of legal metrology instrument in order to establish a fair trade-based business and unauthorized changes, it is not allowed and it is strictly limited by law. Therefore, this paper propose a new scheme of certification regarding type approval and verification for legal smart meter as analyzing the requirements of a smart meter regarding upgrade and security. This analysis shows that the proposed scheme comply with the regulation and the specification of smart meter by applying it to smart meter with smart card.

Privacy-Preserving Method to Collect Health Data from Smartband

  • Moon, Su-Mee;Kim, Jong-Wook
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.4
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    • pp.113-121
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    • 2020
  • With the rapid development of information and communication technology (ICT), various sensors are being embedded in wearable devices. Consequently, these devices can continuously collect data including health data from individuals. The collected health data can be used not only for healthcare services but also for analyzing an individual's lifestyle by combining with other external data. This helps in making an individual's life more convenient and healthier. However, collecting health data may lead to privacy issues since the data is personal, and can reveal sensitive insights about the individual. Thus, in this paper, we present a method to collect an individual's health data from a smart band in a privacy-preserving manner. We leverage the local differential privacy to achieve our goal. Additionally, we propose a way to find feature points from health data. This allows for an effective trade-off between the degree of privacy and accuracy. We carry out experiments to demonstrate the effectiveness of our proposed approach and the results show that, with the proposed method, the error rate can be reduced upto 77%.

A Decomposition Analysis of FDI Inflow into Korea - Shift-Share Analysis, 2003-2006 - (한국 외국인직접투자 유입요인의 분해분석 - 변이할당분석, 2003-2006 -)

  • Lee, Sanghack;Cheong, Kiwoong;Kim, Jeongsook
    • International Area Studies Review
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    • v.13 no.3
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    • pp.145-161
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    • 2009
  • Applying the shift-share analysis, this paper decomposes FDI inflow into Korea for the period of 2003-2006. The paper finds that Korea has been lagging behind the world average in absorbing inward FDI, thereby recording negative aggregate industry-mix effects and negative aggregate competitive effects as well. However, the following industries have recorded positive competitive effect: electrical and electronic equipment, motor vehicles and other transport equipment, hotels and restaurants, transport, storage and communications, finance, and business services. In a nutshell, Korea is revealed to have competitive advantage in absorbing inward FDI in a few manufacturing industries and most of service industries. Government policies should accordingly be focused on these industries to encourage more inward FDIs.

Purchase and Acquisition Order System for sharing on factory (공유 온 팩토리 서비스를 위한 수발주 시스템)

  • Youn-Kyoung Seo
    • Journal of Advanced Navigation Technology
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    • v.27 no.1
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    • pp.146-153
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    • 2023
  • In accordance with the industrial convergence regulation sandbox decision promoted by the Ministry of Trade, Industry and Energy, the "machine tool sharing service in the factory" applied for by MyMaker Co., Ltd., an industry-academia cooperation company, was granted a demonstration exception. While implementing this, in a situation where the ordering service part had to be developed as software, the company's domain problems were identified and analyzed, procedures were established, and a system was designed that met the related requirements. As a joint research and development project to solve the difficulties of the LINC+ industry, the order-to-order system was finally developed for shared factory services. In accordance with the procedure and requirements analysis, the planning, design, prototyping, and implementation production stages were carried out. Finally, it was confirmed that the final development contents were well implemented according to the requirements, and the resolution of the difficulties was confirmed through functional verification demonstrations.